The defi shadow committee – which is not an official committee – supports this proposal .
We support the proposal and respect their path to growth on Optimism. The dual-pronged approach of fee rebates and direct marketing campaigns are likely highly catalytic for user growth on Optimism — and this would be a different user segment than typical market-dependent defi users and crypto speculators.
Overtime Markets has a unique value proposition for Optimism and stands apart from crypto-native DeFi protocols. With these fee rebates, we believe they ought be able to better compete with centralized offerings and continue the growth they’ve seen over the last 2 months since launch. We thank @Red for following up on our inquiries into this question and think Overtime have made a strong case.
We think there is an information gap that Overtime could meet by reporting more of their expected go-to-market strategy, but now is the time to give them an opportunity to jump ahead of the pack.